Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market
Wisconsin Bank Closing Is 14th This Year
WASHINGTON (6/4/13)--The Federal Deposit Insurance Corp. announced one bank closing Friday, which brings this year's total of failed U.S. banks to 14.

In comparison, the National Credit Union Administration has closed nine credit unions so far this year.

Banks of Wisconsin, Kenosha, Wis., was closed and will be assumed by North Shore Bank, FSB,  Brookfield, Wis., the FDIC said.

Banks of Wisconsin had $134 million in total assets and $127.6 million in total deposits as of March 31. The FDIC estimates the cost of the closure to its Deposit Insurance Fund will be $26.3 million.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
1 day ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
1 day ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
1 day ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
1 day ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
1 day ago